BNY Mellon Announces Executive Appointments

Karen B. Peetz
will become president of BNY Mellon. Peetz is vice chairman and chief executive
of financial markets and treasury services. She will lead global client
management, regional management, treasury services and human resources.

Peetz joined BNY
Mellon in 1998. In her current position, she oversees treasury services,
corporate trust, depositary receipts, Pershing, broker/dealer global clearance
and U.S. tri-party services. She is the chair of BNY Mellon’s Women’s
Initiatives Network and in 2011 was named the most powerful woman in banking by
American Banker. She is on the board
of directors for SIFMA, the Private Export Funding Corporation (PEFCO) and
SunCoke Energy. Before joining BNY Mellon, Peetz spent 16 years with JPMorgan
Chase in a variety of sales and business management positions.

Timothy F. Keaney
will be named chief executive of investment services as BNY Mellon aligns its
asset servicing, corporate trust, depositary receipts, global markets, global
collateral services, broker/dealer services, and Pershing businesses under his
leadership. Keaney is currently vice chairman and chief executive of asset
servicing. He will retain his vice chairman title.

Brian T. Shea
will be named president of investment services and head of BNY Mellon’s global
operations and technology group. He will continue as chief executive officer of
BNY Mellon’s Pershing subsidiary and as head of broker/dealer and adviser services.

Shea joined
Pershing in 1983 and heads BNY Mellon’s broker/dealer and adviser services
group, and serves as CEO of Pershing, a global provider of financial business
solutions. Shea serves on the board of directors of the Insured Retirement
Institute and the Depository Trust and Clearing Corporation.